Financial Statements ACC/290 September 14‚ 2012 Financial Statements This written essay will discuss the four basic financial statements used in accounting. It will describe the purpose of the four financial statements. How these statements would be useful to internal users‚ such as managers‚ and employees. How the external users‚ such as investors‚ and creditors would find these statements useful. Four Basic Financial Statements The four basic financial statements used in accounting
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CheckPoint: Ratio‚ Vertical‚ and Horizontal Analyses The calculations you perform for this CheckPoint form the basis of your analysis of your capstone project. · Write in 100 to 200 words an explanation of the three tools of financial statement analysis and the function of each. · Examine PepsiCo‚ Inc.’s Consolidated Balance Sheet on p. A6 in Appendix A of Financial Accounting‚ especially its Current Assets‚ Current Liabilities‚ and Total Assets for years 2005 and 2004
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Exercise E-4 a) Describe each transaction 1. $20‚000 in cash is invested in exchange for common stock 2. $5000 in equipment is received‚ with $1000 paid in cash‚ and $4000 billed through Accounts Payable 3. $750 cash is paid for supplies 4. $9500 in services was preformed‚ with $4100 paid for in cash‚ and $5400 billed through Accounts Receivable 5. $1500 was paid to Accounts Payable 6. $2000 was paid in cash in dividends
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Internal Controls XACC/280 Christopher Stone 5.1.2013 Internal controls are an integral part of a business operation because of the extreme importance of assets. Assets are basically an economically valued item owned by an individual or corporation‚ which most often has a direct conversion rate to cash. Examples are cash‚ securities‚ accounts receivable‚ in-stock product‚ business equipment‚ real-estate‚ cars‚ and other valuable property. Assets are business resources which could lead
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(d) Received $800 from customers in payment of their accounts. Cash 800/ Net Income 800 (e) Purchased equipment for cash‚ $2‚500. Cash -2500/ Net Income 0 (f) Recorded depreciation of building for period used‚ $600. Cash 0/ Net Income -600 P4-2A A. | | GENERAL JOURNAL | PAGE | | | | | GENERAL | | 2012 | ACCOUNT TITLE | DEBIT | CREDIT | Jun | 30 | Supplies Expense | 1280 | | | | Supplies | | 1280 | | | (to record supplies used) | | | Jun | 30 |
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Financial Reporting Problem Part 1 XACC/290 Kathleen Downey Brittany Baker Amazon became a publically traded company in October 1995. In 1996‚ it was reincorporated in Delaware. Amazon issued its initial public offering of stock on May 15‚ 1997‚ trading under the NASDAQ stock exchange symbol AMZN‚ at a price of $18.00 per share in the U.S. ($1.50 after three stock splits in the late 1990s Wikipedia). Amazon’s initial business proposal was different they it did not expect to make
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Don’t print out this page!!!!!!!!!!!!!!! P3 describe the physiological responses common to most sports injuries P4 describe the psychological responses common to sports injuries M2 explain the physiological and psychological responses common to most sports Injuries D1 analyse the physiological and psychological responses common to most sports Injuries Content Know about a range of sports injuries and their symptoms Physiological responses: damaged tissue‚ eg primary damage
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Introduction In this report I will talk about PlayStation 4‚ a product from Sony Company‚ and the most rated among all the products. PS4 (PlayStation 4) is what the name itself says‚ it is a console that allows you to play video games‚ but it is made for more activities‚ such as watching movies‚ browse the internet and listen to music. Sony has made a lot of advertising in order to promote their product. PlayStation has been one of the most successful
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physical resources into products or services. Ford Motor Company uses an assembly-line process to make its products. Colleges may use a number of instructional technologies—the ever-popular lecture method‚ the case-analysis method‚ the experiential exercise method‚ the programmed learning method. Regardless‚ organizational structures adapt to their technology. Yet many organizational structures tend to be based on physical rather than intellectual resources. U.S. auto manufacturers focus their structure
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Student Answer: 0 ≤ t ≤ 1 4 ≤ t ≤ 8 0 ≤ t ≤ 4 3 ≤ t ≤ 4 Points Received: 0 of 4 Comments: Question 2. Question : Solve the problem. Two cars start from the same point and travel in the same direction. If one car is traveling 57 miles per hour and the other car is traveling at 49 miles per hour‚ how far apart will they be after 4.9 hours? Student Answer: 39.2 mi 240.1 mi 279.3 mi 519.4 mi Points Received: 0 of 4 Comments: Question 5. Question
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